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Zimbabwe and Mugabe ‘Economic Empowerment Act’ is to seize White owned businesses

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Foreign firms operating in Zimbabwe will be required to give majority control to black Zimbabweans under a nationalisation law signed by President Robert Mugabe yesterday. More than 70 British firms that have invested in Zimbabwe, including Lever Brothers, Barclays Bank, Standard Chartered Bank, BP, Rio Tinto, Merchant Bank of Central Africa and several enterprises owned by Anglo American Corporation,... 

BBC worries about white working class

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Many white working class people believe immigration threatens jobs A majority of white working class Britons feel nobody speaks for people like them, a BBC survey has suggested. Some 58% said they felt unrepresented compared with 46% of white middle class respondents to a Newsnight poll. White working classes were also negative about the past decade with 62% saying life had generally become worse in... 

U.S. Economy Faces Meltdown

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  Just a few weeks ago, markets around the world were crashing, and a disaster seemed all but certain. The federal reserve responded by slashing the Fed Rate three-quarters of a point, and the Stock Market avoided a wholesale disaster. The underlying problems of a sub-prime mortgage disaster, millions of good-paying jobs being outsourced and a huge illegal alien population draining our government... 

South Africa on the brink of a water crisis

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South Africa is on the brink of a water contamination crisis, potentially as bad as the electricity fiasco of the past few weeks, the Business Times reported today. In an alarming report, the National Nuclear Regulator (NNR) has confirmed evidence of contaminated crops and water, and has acted to protect people and livestock, the newspaper said. The report – in the possession of the newspaper... 

Relief For Wallets In Zimbabwe

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Life has just become a little easier for Zimbabweans. Now they need only two banknotes, instead of at least 20, to buy a Z$15 million hamburger at the corner café. This development stems from the decision of Reserve Bank Governor Gideon Gono, who has launched a highest-denomination note of Z$10 million (about R27) and others of Z$5 million and Z$1 million. The aim is to end a chronic cash shortage... 

But Why Is the Economy in Trouble?

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Polls now show people are concerned more about the economy than the war. But why is the economy in trouble? Does it have anything to do with the massive direct costs of the war? Does it have to do with pulling huge numbers of productive National Guard members out of their jobs and making it illegal to refill those positions shifting the cost of the war from the government’s books to businesses? The... 

Bank Blamed for Man's Inability to Handle Finances

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Baltimore’s mulatto Negress mayor and City Council are suing Wells Fargo Bank, contending that its lending practices discriminated against Negro borrowers and led to a wave of foreclosures that has reduced city tax revenues and increased its costs. Skip to next paragraph The recent surge in homeowner defaults nationwide, generated by lax lending practices during the real estate boom, has officials... 

Paris Losing Out On Hilton Fortune

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Grandpa Barron Hilton plans to donate 97 percent of his fortune to African Americans. Hotel heiress Paris Hilton’s potential inheritance dramatically diminished after her grandfather Barron Hilton announced plans on Wednesday to donate 97 percent of his $2.3 billion fortune to charity. That wealth includes $1.2 billion Barron Hilton stands to earn from both the recent sale of Hilton Hotels Corp.... 

American National Debt - $1 million/minute

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WASHINGTON – Like a ticking time bomb, the national debt is an explosion waiting to happen. It’s expanding by about $1.4 billion a day — or nearly $1 million a minute. What’s that mean to you? It means almost $30,000 in debt for each man, woman, child and infant in the United States. Even if you’ve escaped the recent housing and credit crunches and are coping with rising fuel prices,... 

No More Holocaust Reparations, Says German Finance Minister

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No More Holocaust Reparations, Says German Finance Minister on November 11, 2007 Finance Minister Peer Steinbrück (pictured, right) said in Jerusalem Thursday that Germany had no plans to renegotiate a Holocaust reparations deal signed with Israel in 1952. “The existing deal is signed and final and there is no need to change it,” said Steinbrück after meeting with the chairman of the... 

American National Debt at Record $9 Trillion

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The budget should be balanced, the treasury should be refilled, and the public debt should be reduced. The arrogance of officialdom should be tempered and controlled. And the assistance to foreign lands should be curtailed, lest we become bankrupt. – Cicero, 63 B.C.  National Debt at Record $9 Trillion Wednesday November 7, 5:59 pm ET By Martin Crutsinger, AP Economics Writer National Debt Hits... 

Israelis are Becoming More and More Powerful in Romania

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Israeli Ambassador Oren David told BBW in an exclusive interview in his top floor office that he was confident of rapid business development here especially in the areas of food, fashion, construction and high-tech. “Romania is a prime business destination in Europe and certainly in Eastern Europe and I am proud to say that Israeli investments are becoming very diversified,” he told BBW... 

World's richest man, a Romanian?

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Bill Gates defeated by a Romanian? Mr. Florin Mihai Fluturel, aged 34, Iasi, Romania, a lawyer, businessman, investor and inventor has established a new world record becoming The Richest Man in the world. Florin Fluturel holds 79% from the social capital of the Romanian company ROMVECTOR X, having 30,999,600,079.00 shares in value of 98.75 billion EUR. “The digital era will change the world for... 

Chewing gum instead of change in Romania

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Romanians salesmen invented a new market tactic. Instead of change they give customers a chewing gum, mostly Orbit so they can sell their stuff. Their argument is that they don’t have change at the moment so that’s all they can give, “take it or leave it”. You got no option in there, you either take the gum or take nothing because you are not going to get your change out of... 

Boycott all German Products!

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Illegal & Immoral imprisonment of Ernest Zundel triggers RNV to advise on a world wide boycott of German products! “Don’t buy anymore German products until Ernest Zundel is released! It is immoral and illegal to arrest a 67 year old man for expressing his opinion!” said the Chairman of the Romanian National Vanguard a few moments ago in an internal conference. It is strange... 
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